Akon Net Worth: Music Career & Investments

Akon
Akon (Source: WallpaperAccess)

One of the most renowned singers who basically ruled the R&B scene from 2000 to 2011, more or less Akon’s net worth is a staggering $80 million.

Originally Aliaune Damala Badara Akon Thiam is a Senegalese American singer, record producer, and entrepreneur.

Akon has had a pretty decorated career as a singer with four, 3x platinum, three, 2x platinum, and more than ten 1x platinum-certified songs by the RIAA.

Singer Akon
Akon (Source: WallpaperAccess)

Similarly, he is the first solo artist in the music industry to hold both number one and number two spots at the same time on the Billboard Hot 100 charts twice.

Akon is listed by the Guinness Book of World Records as the #1 selling artist for master ringtones in the world.

For a singer with tons of record-breaking hit songs, Akon does not have a Grammy Award to his name but has been nominated five times.

Akon | Quick Facts

Before hailing to the details, here are some crazy quick facts about the singer Akon:

Birth Name Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam
Stage Name Akon
Pet Name A-Kon El Negreeto, Konvict
Net Worth $80 Million
Birth Date April 16, 1973
Age 49 Years Old
Birth Place St. Louis, Missouri, United States
Nationality American, Senegalese
Religion Muslim
Ethnicity Wolof Senegalese Descent
Education William L Dickinson High School

Henry Snyder High School

Bayonne High School

Clark Atlanta University

Zodiac Sign Aries
Father’s Name Mor Thiam
Mother’s Name Kine Gueye Thaim
Siblings Abou Thiam (Brother), Khady Thiam (sister)
Height 5 ft. 10¾ in or 180 cm, 1.80 m
Weight 78 kg or 171 lbs.
Body Type Athletic
Skin Tone Dark Skin
Hair Color Black
Eye Color Dark Brown
Shoe Size 11 (US) or 10 (UK) or 45 (EU)
Sexual Orientation Straight
Relationship Status Married
Wife Tomeka Thiam
Partners/Affairs Rosina Bruck, Foxy Brown, Tricia Ana, Michaela Schaffrath, Amber Rose
Children Six Children
Profession Rapper, Singer, Songwriter, TV Producer, Record Producer, Activist, Actor, and Philanthropist.
Active Years 1996-Present
Instruments Vocals, Keyboards, Synthesizer, Drums
Genre R&B, Hip Hop, Dancehall
Label Konvict Muzik, Kon Live Distribution, Republic Records, Universal, SRC, UpFront, Akonik, BMG, Atlantic
Associated Acts Giorgio Tuinfort, Colby O’Donis, Lady Gaga, Gwen Stefani, Jeezy, Kardinal Offishall, OG Boo Dirty, RedOne, R. City, Snoop Dogg, T-Pain, Eminem
Manager Republic Records, Music Artist Management Company

UpFront Megatainment, Music Artist Management Company, Atlanta, Georgia, United States

First Film Black November (2012)
First TV Show Love Kills xx (2010)
Merch Signed Guitar, Signed Mini Poster
Social Media InstagramFacebookTwitter, YouTube, Spotify
Website Akon
Last Update October 2022

Akon | Net Worth, Income & Lawsuit

Net Worth

Senegalese American singer and entrepreneur Akon’s net worth is a massive $80 million.

Akon is a tremendously well-known figure in the music scene, excelling the boundaries of hip hop to become one of the most prominent figures in the entertainment industry.

The singer has released five studio albums, 38 singles, 29 music videos, and eight promotional singles.

Reportedly, to date, Akon has sold over 35 million albums worldwide.

Akon Live Performance
Akon Live Performance (Source: CNN)

Aside from a super-successful music career as a singer, Akon also proved to be a savvy business personality, starting two successful record labels.

Similarly, Akon’s other income sources include his music royalties, songwriting royalties, concert tours, brand endorsements, and digital music streaming.

Income

Akon reportedly charges around $75,000 for a feature.

During his career peak, the singer easily bagged $10-$20 million each year.

In 2011, he made a whopping $13 million from his various endeavors.

Likewise, in 2010, a period that is considered to be his career peak as a solo artist, Akon made an astonishing $21 million.

He made $12 million in 2008 and an enormous $20 million in 2009.

Lawsuit

Singer and songwriter Akon has had a very successful career.

He has sold millions of records and earned millions of dollars since his debut album Trouble was released.

However, in 2017 he was sued by someone who claimed they had an integral part in Akon’s success.

Akon was sued by music executive Devyne Stephens, who claimed that he helped launch the Don’t Matter singer’s career.

The lawsuit claimed that Devyne had a contract with Akon that entitled him to about 40% income from Akon’s record sales, royalties, and tours.

Reportedly, Akon has made roughly $400 million since 2006, and Devyne filed a lawsuit seeking $150 million.

It does not end there.

Akon and Devyne Stephens ultimately reached a settlement in which Devyne would receive $3.25 million over the span of four years.

Nonetheless, in January of 2022, Devyne again filed a lawsuit against Akon, citing the “Lonely” singer allegedly failed to pay the last installment of $750,000.

This time Devyne filed a $4 million lawsuit against the singer.

Net Worth of Akon in Different Currencies

Let’s have a look at Carl Bernstein’s net worth in different currencies.

Currency Net Worth
Euro €72.40 Million
Pound Sterling £ 60.99 Million
Australian Dollar A$ 106.66 Million
Canadian Dollar C$ 100.15 Million
Indian Rupee ₹ 6,076,288,000
BitCoin ฿ 1,716.01

Akon | Houses & Cars

“Lonely” singer Akon’s net worth is a staggering $80 million, and reportedly he is using that to build a housing market in Africa.

So three or four years from now, if you happen to visit that part of the world, you could find yourself staying at an Akon-sponsored resort, villas, or even a five-star hotels.

Let’s forget about the future projects and check out where the celebrated singer lives currently.

Akon has had two homes in Atlanta, Georgia.

Akon Net Worth- Akon's House
Akon’s House (Source: The Hollywood Reporter)

One of his homes is located at Sandy Springs, which he purchased for $2.6 million.

The weirdest quirk of the house worth mentioning is Akon had a Chevron branded gas pump in his house.

However, after owning the sprawling 14,994 square feet mansion for over three months, he listed it on the market.

His second mansion in Georgia is worth $1.65 million. The house has an all-white interior and comes with all the bells and whistles.

Cars

Akon’s net worth as of October 2022 is a massive $80 million.

Singer Akon is a car fanatic and owns a gigantic collection of automobiles.

His extravagant collection of wheels include $328,680 Mercedes Benz SLR McLaren, $190,000 Audi R8, $385,000 Spyker C8 Aileron, and $239,000 Ferrari 458 Italia.

Similarly, he owns a $1.1 million Dartz Prombron SUV, $382,400 Lamborghini Murcielago Roadster, and $200,000 Lamborghini Gallardo.

If that does not make you drool, then you have a questionable love for automobiles.

Akon | Lifestyle

Akon is a man with tons of money who tends to live a humble lifestyle and is committed to helping the ones in need.

However, no matter how hard he tries to hide his affluence, it just drips all over with his branded clothes, million-dollar cars, and massive houses in different parts of the world.

The singer is pretty fit and does not miss his workout regime regardless of his travels and busy schedule.

The man claims he has six children with three different women. He revealed it in an interview with Blender.

Nonetheless, he wishes to keep his family protected from the public.

Moreover, Akon is really into sports and supports English Premier League club Chelsea F.C.

While he has had a pretty successful music career, Akon has also been a subject of a handful of controversies over the years.

Akon Net Worth- Akon With His Family
Akon With His Family (Source: Pinterest)

Not many know this, but Akon spent four years in penitentiary starting from 1999 to 2002 for auto-theft ring involvement. And hence the pet name “Konvict.”

Similarly, the singer drew criticism for an onstage act in which he simulated sex with Danah Alleyne in April 2007.

And interestingly, the girl was only 15 years old at the time.

Aside from these, Akon has been involved in copyright infringement and hostility with one of the concert attendees who threw an object on stage while Akon was performing.

Likewise, in Sri Lanka, a Buddhist group protested a planned concert by Akon in 2010.

They claimed that the song “Sexy Chick” Akon featuring David Guetta insulted Buddhism.

Consequently, Sri Lankan Government decided not to issue a visa to Akon to enter the country.

Akon | Charity

Akon is known for his philanthropic endeavors in addition to his hit songs.

In 2014, Akon started Akon Lighting Africa, a project which provides electricity in 15 African countries.

His charities are mainly dedicated to underprivileged Africans.

Akon runs Konfidence Foundation for underprivileged children in Africa.

Similarly, Akon was the part of World Anthem “I Believe That We Will Win” music video.

The proceeds from the song’s sales and streaming were donated to Anthony Robbins Foundation and Feeding America as a relief to those affected by the Covid pandemic.

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Akon | Music, Businesses & Endorsements

Music

As mentioned before, Akon is a successful singer and songwriter who has sold over 35 million albums worldwide.

He released his debut album titled Trouble in 2004, which was supported by the hit single “Lonely.”

The album performed quite well in the UK where it peaked at No. 1 on the UK Album Chart.

It sold over 25,000 copies in the first week of release and was eventually certified Platinum in the United States with 1.6 million copies sales.

Akon released a second album in 2006 titled Konvicted.

The album features collaborations with A-list rappers such as Snoop Dogg, Eminem, and T-Pain.

Similarly, the five-time Grammy-nominated singer is currently credited with staggering 300 guest appearances and over 35 Billboard Hot 100 songs.

Businesses & Endorsements

As of October 2022, Akon’s net worth is an astonishing $80 million.

Akon is a savvy businessman, having invested in diamond mines, crypto, and record label.

Interestingly, the “Lonely” singer owns a diamond mine in South Africa.

Similarly, Akon announced his ongoing project, a tourist city with a crypto-based economy named Akon City, in 2018.

He has been into the project along with the Senegalese Government, which is currently under development and will be the hundred percent cryptocurrency-based city.

Akon Net Worth- Akon's City Projection
Akon’s City Projection (Source: Afrik 21)

Did you know Akon owns a cryptocurrency Akoin?

Moreover, Akon has two thriving record labels which have produced some well-known music artists.

Artists like T-Pain, Lady Gaga, French Montana, and R. City have been signed to Akon through his record labels.

In 2008, Akon started a clothing line called Konvict Clothing. Likewise, he also launched Aliaune, a line that sells more high-end clothing.

Aside from his personal investments, Akon has endorsed several brands over the course of his career.

Aliaune Clothing, Akon MotorSport,  Apogee, Beluga, and Bitcoin are some of the brands and companies Akon has endorsed.

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Akon | Career

Akon was born on 16 April 1973 in St. Louis, Missouri.

Even though he was born in the States, he has strong roots in Senegal.

He spent much of his childhood flying back and forth between Senegal and United States.

He permanently settled in Newark, New Jersey, at the age of seven.

Akon’s father was a celebrated percussionist, and his mother was a professional dancer.

He learned about music from his parents while he was still spending half of his time in Senegal.

Unknown Facts About Akon

  • Akon is a devoted Muslim and never drinks alcohol or smokes a cigarette.
  • Akon plays drums, guitar, and Djembe.
  • He recorded an apology song, “Sorry Blame It On Me,” to apologize for his immoral behavior, including his lustful dancing with an underage girl in April 2007.

FAQs

Why has Akon not released new songs?

Maybe because he has been really busy lately with all his philanthropic activities. He is quite hooked on helping the poor people of Africa.

Does Akon still manage Lady Gaga?

No, he is no longer involved with Lady Gaga’s career. It seems like Akon cashed out early on Gaga.

Who is funding Akon’s city project?

Engineering firm KE International has been awarded a $6 billion contract to build the Akon city. It was announced in June of 2020.

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